Bloomberg Business

Mexico Rules Out Profit-Sharing Tax Reduction for Pemex in 2024

(Bloomberg) — Mexico plans to maintain Petroleos Mexicanos’ profit-sharing tax rate next year, even as the Finance Ministry seeks to use a variety of tools to help the beleaguered state driller strengthen its finances and pay down $105 billion in debt.

NFTs Coming to Bitcoin Sparks Handwringing About Crypto Purists

NFTs are coming to the Bitcoin blockchain, sparking a debate among those who say the digital representations add a much-needed fresh use case and the purists concerned about deviating too far from the origins of the peer-to-peer cryptocurrency network.

Pakistan Mosque Bombing Kills Over 70, Leaves 150 Wounded

At least 70 people were killed and more than 150 wounded in a bomb blast at a mosque in a security compound in northwestern Pakistan, officials said. It was the nation’s worst such attack in almost 11 months.

Sam Bankman-Fried Asked FTX CEO John Ray to Meet in Person

FTX co-founder Sam Bankman-Fried asked to meet John J. Ray, the executive who replaced him as the crypto empire descended into bankruptcy, weeks after being charged with orchestrating fraud at the company, newly released emails show.

Trump Secures Second Extension on Financial Asset Disclosure

Former President Donald Trump — fresh off a weekend campaign appearance where he said he’s “more committed” than ever in his third bid for the White House — was given a second 45-day extension to file his financial disclosure form with the Federal Election Commission.

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